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UK picks HSBC and J.P. Morgan to advise on first green gilt
LONDON (Reuters) – Britain said on Wednesday it had picked HSBC and J.P. Morgan to advise on the issuance of the country’s first ‘green’ government bond due later this year, after a tendering process....
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BMW says 2020 cash flow exceeded market expectations
FRANKFURT (Reuters) – BMW’s free cash flow last year was better than market expectations at about 3.4 billion euros ($4.12 billion) in its core automotive division, the German carmaker said on...
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Britain clears Boeing 737 MAX for return to service
LONDON (Reuters) – Boeing’s 737 MAX plane received clearance to resume flying in Britain on Wednesday, after the UK regulator followed the EU’s air safety watchdog in approving the jet. Regulators...
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Chip shortage to hit production at some Volkswagen plants in February
By Jan Schwartz and Ilona Wissenbach HAMBURG (Reuters) – Chip supply bottlenecks will impact production at some of Volkswagen’s plants in February, the carmaker said on Wednesday, adding it had applied...
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Europe lifts safety ban on Boeing 737 MAX jet
By Tim Hepher and Rachit Vats (Reuters) – European regulators on Wednesday lifted a 22-month ban on flights of the Boeing 737 MAX after a design and pilot training overhaul in the wake of crashes that...
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Lurching from crisis to crisis, Boeing delays 777X with demand hobbled
By Eric M. Johnson and Ankit Ajmera (Reuters) – Boeing Co took a $6.5 billion charge on its new 777X jet and posted a record annual loss on Wednesday, as the cost of tighter regulation in the wake of...
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Dollar rises on risk aversion, Fed cautious on economic recovery
By Saqib Iqbal Ahmed and Karen Brettell NEW YORK (Reuters) – The dollar was boosted by safety buying on Wednesday as investors turned more cautious on worries about the economic impact of the COVID-19,...
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Oil prices end mixed, despite big U.S. crude stock drawdown
By Laila Kearney NEW YORK (Reuters) – Oil prices were little changed on Wednesday, despite a massive drawdown in U.S. crude inventories, as ongoing concerns about the coronavirus pandemic tempered...
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Stocks tumble on recovery fears; dollar climbs
By Rodrigo Campos NEW YORK (Reuters) – Stocks fell around the world on Wednesday as investors turned more cautious over stretched valuations and the economic impact of the COVID-19 pandemic, while the...
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Fed still in crisis-fighting mode as recovery appears to moderate
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to its monthly bond purchases, pledging...
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Next round of UK, Australia trade talks set for February – source
By Kanishka Singh (Reuters) – The next round of talks for a free trade agreement between Australia and Britain will take place in February after their trade ministers spoke last week, a source familiar...
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Qantas and BP unveil strategic partnership to reduce carbon emissions
SYDNEY (Reuters) – Qantas Airways Ltd and BP PLC on Thursday announced a strategic partnership to reduce carbon emissions in the aviation sector in Australia as part of their goals to become carbon...
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Artificial Intelligence
What comes to mind when people say AI and Automation? Still to this day when you speak to people about AI and Automation, responses are fraught with fear that stems from some fictional movie or you...
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UK car output slumps to lowest level since 1984 amid COVID hit
By Costas Pitas LONDON (Reuters) – British car output fell to its lowest level since 1984 last year after the COVID-19 pandemic shut factories and hurt demand, an industry body said on Thursday, as a...
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Facebook scores earnings beat on holiday retail advertising; Apple privacy...
By Katie Paul and Chavi Mehta (Reuters) – Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday advertising by e-commerce retailers, but it warned Apple’s impending...
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GameStop, other retail darlings dented after Reddit group briefly shuts doors
By Sagarika Jaisinghani, Medha Singh and Svea Herbst-Bayliss (Reuters) – A slugfest between Wall Street and Main Street took an unexpected turn late on Wednesday after moderators of a stock trading...
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Samsung Electronics sees solid chip demand, stronger phone sales in first...
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday forecast solid demand for its chips this quarter and stronger mobile sales after bringing forward the launch of...
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Asia shares undone by Wall Street swoon, short seller squeeze
By Wayne Cole SYDNEY/NEW YORK (Reuters) – Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse...
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Product design to racial justice: Global plan to promote ethical AI
By Zachary Fagenson (Thomson Reuters Foundation) – From reducing bias in product design to tackling racial injustice, more than 100 businesses, governments and nonprofits on Thursday launched a global...
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Euro zone sentiment slips in January amid COVID-19 lockdowns
BRUSSELS (Reuters) – Economic sentiment in the euro zone eased in January as continued COVID-19 lockdowns further undermined the mood in services, in retail and among consumers, despite an improvement...
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